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So the way I understand is, independent brokers have less cost to begin with because they do not work for anybody but only to themselves. But as far as representing a buyer, they are the same as a broker from a known shop say remax.
My question is; if I negotiate his/her commission and say agreed on paying only 50% of what he will collect, then how would he pay me? Do I have to pay tax on this?
How do I make sure I receive cash back exactly what I agreed on.
just a thought.. is there a reason you feel the agent that will be representing you should not be compensated accordingly?
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